Is Cisec Inc Legit?

Quick charity verification for Cisec Inc (EIN: 205407551)

Verdict: Cisec Inc appears trustworthy

75/100Mission Score

$412KRevenue

$210KAssets

2Red Flags

3Strengths

Red Flags

Operating at a deficit in two of the last three reported periods (202406 and 202306), indicating expenses exceeding revenue.
Liabilities ($169,010 in 202406) represent a significant portion of total assets ($209,736), which could pose financial risk.

Strengths

Consistent reporting of 0% officer compensation, indicating highly efficient use of funds regarding executive pay.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Significant growth in total assets over the past decade, from $15,810 in 201606 to $209,736 in 202406.

Spending Breakdown

How Cisec Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Cisec Inc

Is Cisec Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cisec Inc (EIN: 205407551) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Cisec Inc a good charity to donate to?

Cisec Inc has a Mission Score of 75/100. Revenue: $412K. Assets: $210K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cisec Inc?

The Employer Identification Number (EIN) for Cisec Inc is 205407551. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Cisec Inc spend its money?

Cisec Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cisec Inc's tax-exempt status?

You can verify Cisec Inc's tax-exempt status using EIN 205407551 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Cisec Inc, operating in Parker, CO, demonstrates a consistent financial pattern over the past decade, with revenues generally in the range of $200,000 to $450,000. The organization has experienced fluctuations in its financial health, notably reporting expenses exceeding revenue in several recent periods, such as 202406 (Expenses $445,024 vs. Revenue $412,190) and 202306 (Expenses $462,908 vs. Revenue $440,650). This indicates a trend of operating at a deficit in recent years, which could impact long-term sustainability if not addressed. However, the organization did report a surplus in 202206 (Revenue $456,387 vs. Expenses $394,498), showing some variability.

The organization's assets have grown significantly over time, from $15,810 in 201606 to $209,736 in 202406, indicating some capacity building. Liabilities have also increased, reaching $169,010 in 202406, which is a substantial portion of its assets. A key strength is the consistent reporting of 0% officer compensation across all available filings, suggesting that executive pay is not a drain on resources and potentially indicating a volunteer-led or very lean leadership structure. This commitment to minimizing administrative overhead, at least in terms of executive salaries, is a positive sign for donor confidence.

While the specific breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation is a strong indicator of financial prudence in that area. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency. However, the recurring operational deficits in recent years warrant closer examination to understand their cause and the organization's strategy for achieving financial equilibrium.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.